Nanotech Security (CVE:NTS) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Nanotech Security Corp. (CVE:NTS) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.25 and traded as low as C$1.24. Nanotech Security shares last traded at C$1.25, with a volume of 41,487 shares trading hands.

Nanotech Security Trading Up 1.6%

The firm has a market capitalization of C$86.75 million and a P/E ratio of -59.52. The business’s 50 day moving average is C$1.25 and its two-hundred day moving average is C$1.25. The company has a quick ratio of 4.61, a current ratio of 4.92 and a debt-to-equity ratio of 3.39.

About Nanotech Security

Nanotech Security Corp. researches, creates, and produces nano-optic structures and color shifting materials for authentication and brand enhancement applications in Canada and internationally. The company offers currency authentication products, such as security foils and stripes under the KolourDepth and M2 names; and colour-shifting foils and threads under the LumaChrome name for banknotes and government IDs. It also provides security foils, pressure sensitive adhesive labels, and online brand protection solutions under the LiveLogo, LivePortrait, and LumaChrome names for brand protection.